SIGMA SYSTEMS APPOINTS VICE-PRESIDENT OF SALES FOR APAC

TORONTO, Feb 6 (Bernama-BUSINESS WIRE) -- Sigma Systems, the global leader in catalog-driven software, has appointed Andrew Tan as Vice President of Sales, Asia Pacific to support the company’s continued success and growth in the region.

 

Andrew joins Sigma Systems from Telit, a global leader in IoT enablement, where he was responsible for Business Development of Strategic Accounts (IoT Platforms) in both the APAC and Middle East regions. He was previously Managing Director and Regional VP for APAC at Tecnotree, Head of BSS Solution Sales at Huawei, and Regional Sales Lead for APAC at NetCracker.

Simon Muderack, Executive Vice-President and Chief Commercial Officer at Sigma Systems commented: “Sigma’s business is expanding globally, particularly in the fast-growing Asia Pacific market. Andrew has extensive business development experience and is uniquely positioned to help us grow within this market. I am delighted to welcome Andrew to the Sigma team.”

Andrew Tan added: “Sigma has a reputation as the global leader in catalog-driven software solutions. I believe the company provides one of the most comprehensive and mature offerings for catalog-driven fulfillment, including lead-to-quote-to-order across multiple channels and network technologies. Sigma works with an impressive list of Tier 1 APAC Communications Providers and I look forward to expanding our footprint further in the region.”

For further information about Sigma Systems and its award-winning products, visit www.sigma-systems.com.

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TYCO RETAIL SOLUTIONS HELPS RETAILERS PROTECT MORE OF WHAT'S IN STORE WITH OVER 63 BILLION ITEMS "RETAIL-READY"

Top retailers worldwide rely on Sensormatic merchandise source tagging program to boost sales and reduce shrink

NEUHAUSEN, Switzerland, Feb 6 (Bernama-GLOBE NEWSWIRE) -- Tyco Retail Solutions today announced it has surpassed 63 billion consumer products source tagged to date, helping retailers protect more of what's in store. Setting a retail industry milestone with Sensormatic merchandise source tagging, the program has also achieved seven years of consecutive growth since 2011. Tyco's program is the largest in the industry, assisting the world's top retailers to secure the most popular consumer and apparel items. Additionally, source tagging can help reduce shrink by standardizing product-level protection, while safeguarding virtually every product category.

The company's program encompasses source application of Electronic Article Surveillance (EAS) one-time use labels and reusable hard tags. Today, the majority of Sensormatic labels are applied by product manufacturers or packaging companies at the source instead of in stores. Sensormatic source tagging helps retailers drive sales as merchandise arrives "retail-ready" for immediate placement on the sales floor. The program also enables sales associates to focus on customers instead of the manual application of security tags in-store.

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A.M. BEST AFFIRMS CREDIT RATINGS OF PINNACLE LIFE LIMITED

SINGAPORE, Feb 5 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Pinnacle Life Limited (Pinnacle Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Pinnacle Life’s balance sheet strength, which A.M. Best categorizes as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

Pinnacle Life’s balance sheet strength assessment mainly reflects its large intangible assets (predominantly insurance contract assets), high reinsurance leverage and modest regulatory capital position. In addition, A.M. Best expects the company’s in-force portfolio to remain consistently profitable, based on a product portfolio that is expected to deliver high underlying margins. The claims experience and expense ratio have each improved in recent years. Although overall earnings have exhibited moderate volatility, this was driven mainly by discount rate movements.

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TELAIR RECEIVES CERTIFICATION FOR ITS NEW FLEXIBLE LOADING SYSTEM™

GECAS to launch system with customers flying converted Boeing 737-800 freighter aircraft

LUND, Sweden, Feb 5 (Bernama-GLOBE NEWSWIRE) -- Telair International AB today announced it has received certification for its new Flexible Loading System™ (FLS) for all current production and in-service Boeing 737 aircraft. The system allows 737 operators to carry containerized cargo (baggage, mail, and parcel freight) in the lower hold of the aircraft, along with bulk-loaded bags.

GECAS, the largest commercial aviation lessor in the world, will offer the new Flexible Loading System to GECAS' 737-800 freighter conversion customers on aircraft entering service this year. As announced at last year's Paris Airshow, GECAS has committed to convert 30 737-800s to freighters, with deliveries beginning in 2018.

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NASDAQ AND PALESTINE EXCHANGE SIGN NEW MARKET TECHNOLOGY AGREEMENT

The exchange’s new trading engine will be running on the Nasdaq Financial Framework; continue operating SMARTS for market surveillance efforts

STOCKHOLM, Sweden and NABLUS, Palestine, Feb 5 (Bernama-GLOBE NEWSWIRE) -- Nasdaq Inc. (Nasdaq:NDAQ) and Palestine Exchange (PEX) have signed a new market technology agreement for Nasdaq to deliver new matching engine technology via the Nasdaq Financial Framework architecture to Palestine’s stock exchange. PEX, which will also continue to use Nasdaq’s SMARTS surveillance technology for monitoring its market, will leverage the modular functionality of the Nasdaq Financial Framework to offer additional services to their members and clients. This new agreement marks the next chapter in a 10-year technology partnership between Nasdaq and PEX.

"We are delighted to extend our partnership with Nasdaq,” said Ahmad Aweidah, CEO of PEX. “Obtaining best of breed technology is vital for our future in running a modern competent market that maintains the interest of its investors and protects their rights.”

“By upgrading to new, next-generation trading technology operated by many of the largest exchanges in the Middle East and worldwide, PEX will bring the performance, scalability and resiliency to its customers and partners they demand,” said James Martin, Regional Manager, EMEA, Market Technology, Nasdaq. “We look forward to partnering with PEX as they continue to transform their market and evolve as an important regional player in the Middle East.”

Nasdaq’s market infrastructure technologies, including trading, real-time risk, index, clearing, CSD and market surveillance systems are operated in more than 100 marketplaces, regulators, clearinghouses and central securities depositories across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.

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KOMET REPORTS 185 AND 149.6 G/T AU FROM GRAB SAMPLES WITHIN THE GUIRO MINE

QUEBEC CITY, Feb 2 (Bernama-GLOBE NEWSWIRE) -- Komet Resources Inc. (“Komet” or the “Company”) is pleased to announce a gold discovery 4km from the Guiro mine and the development of a new unmined shoot at the mine.

New Gold Zone

Komet geologists’ verification of three 40m deep gold diggers’ shafts, located about 4km northeast of the Guiro mine, revealed a quartz vein with a true width of 1.5m, oriented east-west, with a northward dip of 60 degrees. The vein has the same mineralogical composition and the same host rock limonitic alteration from weathering as the Guiro mine vein.

Sampling was carried out by Komet geologists in sealed bags directly from grab samples brought to surface by the gold diggers. The samples are random samples (3 grabs takes per composite sample). These grab samples are indicative but not representative of the grade of the gold structure.

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HOYA REPORTS THIRD QUARTER FINANCIAL RESULTS: RECORD HIGH REVENUES

TOKYO, Feb 2 (Bernama-BUSINESS WIRE) -- Hoya Corporation (TOKYO:7741) today announced financial results for the third quarter ended December 31, 2017.

During the quarter, revenues for the HOYA Group increased 11.6% year on year, reaching 136,759 million yen. Profit growth in conjunction with higher revenues led to quarterly profit before tax of 34,683 million yen with 27,727 million yen in profit, representing increases of 6.8% and 10.6%, respectively.
 

In the Life Care segment, sales of eyeglass lenses rose 16% on a currency-neutral basis in response to business acquisitions and strong sales growth in the Americas. Sales of contact lenses increased, driven by ongoing new store openings. Medical endoscopes sold well throughout Asia, however, tough competition in the U.S. and Europe led to overall sales level with the same period last year. Intraocular lens sales grew 16% on a currency-neutral basis, mainly due to the introduction of new products. As a result, sales of the Life Care segment reported 90,113 million yen, up 14.5% year on year.

In the Information Technology segment, sales for semiconductor mask blanks rose in response to strong demand for cutting-edge products whereas sales of photomasks for LCDs were level year on year. Sales of glass substrates for hard disk drives remained level year on year due to continued high general demand. Imaging-related product sales increased 11% on a currency-neutral basis, due to a steady demand for digital camera and security camera. As a result, revenues for the Information Technology segment reported 45,466 million yen, up 5.9% year on year.


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